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Israeli New Shekel (ILS) to Chromia (CHR) Instantly

Purchase Chromia (CHR) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.

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About
Chromia (CHR)

Chromia (CHR) is a relational blockchain platform designed to enable a new generation of decentralized applications (dApps) by addressing the scalability, data handling, and developer experience challenges prevalent in earlier blockchain infrastructures. Unlike traditional smart contract platforms that use a virtual machine, Chromia integrates the security of a blockchain with the flexibility and efficiency of a relational database. This unique architecture, built on the Postchain framework, allows for more complex data structures and queries to be managed directly on-chain, making it a highly suitable Web3 infrastructure for data-intensive applications like enterprise systems, social media, and advanced gaming.

The core of Chromia's innovation lies in its custom programming language, Rell, which is designed to be highly secure and easy for developers familiar with SQL to learn. This focus on a developer-friendly environment aims to accelerate the creation of sophisticated dApps. The network operates on a Byzantine Fault Tolerance (BFT) consensus mechanism, with dApps running on their own dedicated sidechains, ensuring high throughput and low latency. The native utility token, CHR, is central to the ecosystem's tokenomics. It is used by dApps to pay for hosting fees, staked by node providers to guarantee security, and acts as a standard currency within the Chromia digital asset economy.

Chromia (CHR)

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How to Buy Chromia (CHR)

  1. Select currency menu

    Choose ILS to CHR Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Chromia Wallet Address

    Provide your CHR wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Chromia

    Complete the payment, and your CHR will be sent to your wallet.

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Frequently Asked Questions

  • What are the common methods for buying Chromia (CHR) with Israeli New Shekel (ILS)?

    To convert ILS to CHR, you typically use a cryptocurrency exchange that serves as a fiat on-ramp. The process involves creating an account, completing KYC/AML compliance, and depositing ILS via methods like an Israeli bank transfer or credit/debit card. Once your ILS is credited, you can place an order for CHR on the exchange's spot market. It's crucial to use a regulated platform for a secure digital asset purchase.

  • After purchasing CHR with ILS, what are the best practices for securing my tokens?

    For secure trading, it is highly recommended to move your CHR from the exchange to a non-custodial digital wallet where you control the private keys. Options include hardware wallets for maximum security or reputable software wallets compatible with CHR (which is available as an ERC-20 token and a native BEP-2 token). Always double-check the wallet address before initiating a blockchain transaction and enable two-factor authentication (2FA) on all related accounts.

  • Can CHR tokens acquired with ILS be used for provider staking within the Chromia ecosystem?

    Yes, absolutely. Once you purchase CHR tokens via an ILS fiat on-ramp and transfer them to a compatible wallet, they are fully functional within the Chromia network. A primary use case is provider staking, where token holders can delegate their CHR to system providers who run the network's nodes. This process helps secure the relational blockchain and token holders can earn rewards, adding a utility layer to the digital asset beyond simple trading.

  • What is Chromia's relational blockchain technology and how does it relate to the CHR token's value?

    Chromia utilizes a relational blockchain architecture, leveraging the Postchain framework. This allows data and transactions to be structured and queried much like a traditional database, which simplifies dApp development with its Rell programming language. The value of the CHR token is intrinsically linked to this ecosystem's utility; it's used for dApp hosting fees, staking by providers, and as a system-wide currency, driving demand as the platform's adoption for on-chain gaming and enterprise solutions grows.

  • What are the typical fees involved in an ILS to CHR transaction on a crypto exchange?

    When converting ILS to CHR, expect several potential fees. First, a deposit fee might apply to your ILS transfer, which often varies based on the method (e.g., bank transfer vs. credit card). Second, the exchange will charge a trading fee, typically a small percentage of the transaction value, which can differ for market 'makers' and 'takers'. Finally, when you withdraw your CHR tokens to an external digital wallet, there will be a withdrawal fee plus the blockchain network's transaction fee.

  • Why is the ILS/CHR pair significant for accessing decentralized applications (dApps) on Chromia?

    The ILS/CHR pair provides a direct fiat gateway for Israeli users to enter the Chromia ecosystem. Many dApps on Chromia, particularly in on-chain gaming and NFT platforms using Chromia Originals standards, require CHR for in-app transactions, asset purchases, or participation. By having a direct ILS on-ramp, users can seamlessly acquire the necessary CHR tokens to interact with dApps built on Chromia's unique relational blockchain, bypassing the need for multiple conversions.

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